Pro
Healthcare & Pharma
Australia Medical Cannabis Market, by Distribution Channel
| Label | Hospital pharmacy | Retail Pharamcy | Online Pharmacy |
|---|---|---|---|
| 2018 | 12.22 USD Mn | 5.63 USD Mn | 2.73 USD Mn |
| 2019 | 12.29 USD Mn | 5.73 USD Mn | 2.82 USD Mn |
| 2020 | 38.32 USD Mn | 18.07 USD Mn | 9.03 USD Mn |
| 2021 | 67.44 USD Mn | 32.17 USD Mn | 16.3 USD Mn |
| 2022 | 145.12 USD Mn | 70.05 USD Mn | 35.98 USD Mn |
| 2023 | 252.89 USD Mn | 123.49 USD Mn | 64.27 USD Mn |
| 2024 | 388.14 USD Mn | 191.77 USD Mn | 101.1 USD Mn |
| 2025 | 537.43 USD Mn | 268.65 USD Mn | 143.42 USD Mn |
| 2026 | 685.78 USD Mn | 346.86 USD Mn | 187.47 USD Mn |
| 2027 | 821.25 USD Mn | 420.29 USD Mn | 229.92 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The 2027 portion of the Australia Medical Cannabis Market, by Distribution Channel, 2018 market is on a steady long-term growth path. Segment value stands at roughly USD 1220 Mn in 2026 and is projected to reach USD 1471 Mn by 2027 — a gain of about 21% over the forecast period, translating to a CAGR in the double digits.
- Of the 3 groups compared here, Hospital pharmacy is out front by 2027 at 821. 25M USD — 56% of the group total.
- What the regional split looks like (2026): Hospital pharmacy leads, holding roughly 56% of segment value — the single largest regional share. Retail Pharamcy is the second-largest contributor. Online Pharmacy make up the remainder, in descending order.
- By 2027, Hospital pharmacy alone is expected to reach USD 821 Mn, with Retail Pharamcy at USD 420 Mn.
Market Dynamics
Of the 3 groups compared here, Hospital pharmacy is out front by 2027 at 821.25M USD — 56% of the group total.
Retail Pharamcy follows at 420.29M USD, 49% smaller than Hospital pharmacy.
Hospital pharmacy: up 6621% over the period, 12.22M USD to 821.25M USD.
Retail Pharamcy climbs from 5.63M USD (2018) to 420.29M USD (2027), a 7365% gain.
Online Pharmacy: 2.73M USD in 2018 to 229.92M USD by 2027, up 8322%.
The fastest mover is Online Pharmacy, up 8322% over the period — a steeper climb than any of the other 3 groups here.
Across the full group, the combined total moves from 20.58M USD in 2018 to 1.47B USD in 2027 — a 7050% change.
Reading A Multi-Series Chart
There are 3 separate series stacked into this one chart. Look at relative size and relative movement, not just whichever line sits highest.
Size and growth rate are two different questions here — a series can be small in absolute terms and still be growing the fastest of the group. Check both before drawing a conclusion.
The most practical way to read this is relative: set the Australia Medical Cannabis market figures beside other regions or segments of the same market to see where growth is concentrated.
This is a market research forecast, not an official statistic. Values after the 2018 base year are modeled projections to 2027, based on supply-side and demand-side analysis, and are updated when market conditions change.
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Noah Malgeri
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.